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TON News

TON is the abbreviation for a blockchain project called The Open Network. TON originally stood for Telegram Open Network, but Telegram exited the endeavor in 2020.

Originally headed up by Telegram, the company behind the Telegram messaging app, TON started as a blockchain for decentralized applications and speedy transactions. The Telegram TON initial coin offering, or the TON ICO, ran in 2018, garnering approximately $1.7 billion through its GRAM token sale. TON subsequently saw significant backlash from the United States Securities and Exchange Commission, or SEC. Various developments surfaced regarding investor refunds.

Run by the community, a subsequent and separate project known as Free TON came to life in 2020. Free TON operates without Telegram as a blockchain formed from the original project’s code. Other TON solutions have also arisen based on available open-source data.

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Telegram does not agree with the SEC’s recent action and claims it has been trying to solicit feedback from the agency for the past 18 months.

Telegram Responds to Investors on SEC Action, Hearing Set for Oct. 24

2019-10-13T22:00:00+01:00

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The SEC is suing Telegram over the $1.7 billion ICO, is it the mark a new wave of regulatory scrutiny on the U.S. market?

US SEC Halts TON Launch Over $1.7B ICO — Highest-Level Action Yet?

2019-10-12T22:12:00+01:00

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Private Telegram Open Network channel TON Board announces a temporary halt and removed all previous posts.

Telegram Channel TON Board ‘Takes a Break,’ Deletes Message History

2019-10-12T21:05:00+01:00

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Telegram Open Network’s value is expected to surpass $20 billion over a five-year horizon, according to Decentral Park Capital's research.

TON’s Value to Surpass $20B Over 5 Years, Says New Research

2019-10-10T14:56:00+01:00

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Encrypted messaging service Telegram has published the terms of service for its native cryptocurrency wallet Grams Wallet.

5 Things to Know About Grams Wallet’s Terms of Use Before GRM Launch

2019-10-08T15:59:00+01:00

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Anchorage Trust Company, a wholly owned subsidiary of California-based Anchor Labs, has become the first qualified custodian of Telegram’s Gram token.

Anchorage Becomes First Qualified Gram Custodian Ahead of Oct. 31 Launch

2019-10-08T14:28:00+01:00

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Telegram has confirmed an October launch date for its long-awaited TON network with corresponding Gram tokens.

Telegram Messenger to Officially Launch TON Network in Late October

2019-10-02T21:02:00+01:00

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Fraudulent advertisements have reportedly begun to circulate Facebook, offering to join the Telegram Open Network investment platform.

Fraudulent TON Investment Ads Reportedly Circulating Facebook

2019-09-20T19:32:00+01:00

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